Global Economy
Why women risk losing out in shift to green jobs
Closing the gender gap in science, technology, engineering, and math would accelerate the green transition while making it more inclusive
'Age of Electricity' coming as fossil fuels set to peak: IEA
Demand for oil, gas and coal is still projected to peak by the end of the decade, possibly creating a surplus of fossil fuels, the IEA said in its annual World Energy Outlook
UK inflation hits three-year low, fuelling rate-cut hopes
The Consumer Prices Index (CPI) reached 1.7 percent last month, well below the BoE's two-percent target, after hitting 2.2 percent in August, the Office for National Statistics (ONS) said in a statement
China set to post slowest quarterly growth this year: analysts
Officials have in recent weeks unveiled a string of measures to reignite the world's number-two economy and bring an end to years of depressed business activity with an eye to achieving five percent annual growth
World Bank unlocks another $30 bn by tweaking balance sheet
Key among the reforms was the announcement that the IBRD's minimum equity-to-loans ratio will fall to 18 percent from 19 percent, which will generate $30 billion in additional financing
Trump says 'obnoxious' tariffs will bring factories to US
"You make it so high, so horrible, so obnoxious" companies will "come right away," Trump said.
Nobel prize brings global inequality back in focus
The Nobel committee has put the spotlight back on global inequalities. Bestowing its prestigious economics prize on Daron Acemoglu, Simon Johnson and James A Robinson, is a reminder that income disparities among and within nations are just as important as climate change, the AI “revolution” and ageing societies.
EV sales up 30.5% in int’l market
Global sales of fully electric and plug-in hybrid vehicles rose by an annual 30.5 percent in September, as China surpassed its record numbers recorded in August and Europe resumed growth, market research firm Rho Motion said on Tuesday.
Greenhouse gas emission from farm sector likely to rise
Former BIDS research director M Asaduzzaman says in a paper
Russia splashes $12 billion to keep aviation sector in the air
Russia has handed out more than $12 billion in state subsidies and loans to keep its aviation sector afloat since Western sanctions over Moscow's invasion of Ukraine cut off supplies of key parts and maintenance services, a Reuters analysis shows.
Asia feels the sting of India's onion export ban
India's ban on the export of onions has driven up prices of the vegetable for Asian buyers, who are scrambling for cheaper alternatives, particularly as New Delhi is unlikely to lift the curbs before general elections next year.
Toyota recalling 1.12 million vehicles over potential air bag issue
Toyota Motor said on Wednesday it will recall 1.12 million vehicles worldwide because a short circuit in a sensor could cause air bags not to deploy as designed.
Samsung to set up chip packaging research facility in Japan
South Korea's Samsung Electronics will invest around 40 billion yen ($280 million) over five years in a facility for research into advanced chip packaging it will set up in Japan, according to an announcement by the city of Yokohama.
World Bank releases $250 mn to boost Sri Lanka reforms
The World Bank Wednesday released $250 million to support bankrupt Sri Lanka's tough economic reforms
Toshiba delisted after 74 years, faces future with new owners
Toshiba was delisted on Wednesday after 74 years on the Tokyo exchange, following a decade of upheaval and scandal that brought down one of Japan's biggest brands and ushered in a buyout and an uncertain future.
China leaves lending benchmark rates unchanged as expected
China stood pat on benchmark lending rates at the monthly fixing on Wednesday, matching market expectations, after the central bank kept its medium-term policy rate steady earlier last week.
Ctg-based lighter vessel owners announce split from Water Transport Cell
They will operate separately under the Inland Vessel Owners Association of Chattogram